Fort Collins, Co., USA - December 23, 2010, Fort Collins, Co., USA - Advanced Energy Industries, Inc. announced the creation of two new business units, Thin Films and Renewables, and appointed managers to lead them from January 1, 2011.
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The Thin Films business unit will be managed by Yuval Wasserman in addition to his role as the company's president and chief operating officer, and will be headquartered in Fort Collins, Colorado.
Mr. Wasserman joined Advanced Energy in August 2007, bringing 24 years of executive, management, and technical experience in the semiconductor industry. Immediately prior to joining AE, Mr. Wasserman served as the President and CEO of Tevet Process Control Technologies, Inc., where he led the development and growth of the company.
Prior to that, Mr. Wasserman held senior executive and general management positions at Boxer Cross (metrology company, acquired by Applied Materials, Inc.), Fusion Systems (plasma strip, a division of Axcelis Technologies, Inc.), and AG Associates (RTP).
Mr. Wasserman started his career at National Semiconductor, where he held various process engineering and management positions.
Mr. Wasserman earned a bachelor of science degree in chemical engineering from Ben Gurion University in Israel and studied business at the AEA/Stanford University Executive Institute.
The Renewables business unit headquartered in Bend, Oregon, will be managed by Gregg Patterson in the role of executive vice president and general manager. Mr. Patterson brings more than 26 years of experience in the high tech industry having spent 22 years with Hewlett Packard leading various worldwide businesses prior to joining PV Powered.
Mr. Patterson is CEO and Chairman of the Board of PV Powered. Prior to joining PV Powered, Mr. Patterson was a Vice President of Hewlett Packard within their extremely successful Printing and Imaging Group.
Mr. Patterson also lead strategic technology platform development (HW, FW, SW, and online services teams) supporting multiple business sectors. He has managed worldwide R&D teams of 300+ engineers and led world wide procurement and operational efforts at HP growing the Deskjet Product line from several thousand units per month to more than three million units per month. ■